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Australian (ASX) Gold Industry Analysis
UpdatedMar 23, 2026
DataAggregated Company Financials
Companies151
- 7D-11.5%
- 3M-17.1%
- 1Y45.8%
- YTDn/a
Over the last 7 days, the Gold industry has dropped 12%, driven by Northern Star Resources declining 16%. Meanwhile, Dateline Resources actually outperformed within the industry, gaining 8.8% in the last week. Over the past 12 months, the industry was up 46%. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Australian Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 23 Mar 2026 | AU$139.0b | AU$32.2b | AU$6.5b | 17.1x | 21.3x | 4.3x |
| Wed, 18 Feb 2026 | AU$180.1b | AU$27.7b | AU$5.2b | 25.8x | 34.3x | 6.5x |
| Fri, 16 Jan 2026 | AU$173.8b | AU$26.4b | AU$4.6b | 28.7x | 38x | 6.6x |
| Sun, 14 Dec 2025 | AU$159.2b | AU$26.4b | AU$4.6b | 28x | 34.8x | 6x |
| Tue, 11 Nov 2025 | AU$144.2b | AU$26.4b | AU$4.6b | 24.3x | 31.5x | 5.5x |
| Thu, 09 Oct 2025 | AU$148.0b | AU$26.4b | AU$4.6b | 23.5x | 32.3x | 5.6x |
| Sat, 06 Sep 2025 | AU$121.5b | AU$26.8b | AU$4.9b | 18.8x | 25x | 4.5x |
| Mon, 04 Aug 2025 | AU$91.6b | AU$22.4b | AU$3.2b | 15.8x | 28.7x | 4.1x |
| Wed, 02 Jul 2025 | AU$102.0b | AU$22.4b | AU$3.1b | 16.4x | 32.8x | 4.6x |
| Fri, 30 May 2025 | AU$105.0b | AU$22.3b | AU$3.1b | 18.5x | 33.9x | 4.7x |
| Sun, 27 Apr 2025 | AU$93.6b | AU$22.2b | AU$3.0b | 19.4x | 31x | 4.2x |
| Tue, 25 Mar 2025 | AU$82.6b | AU$22.2b | AU$3.0b | 17.6x | 27.2x | 3.7x |
| Thu, 20 Feb 2025 | AU$78.0b | AU$20.1b | AU$2.4b | 20.5x | 32.9x | 3.9x |
| Sat, 18 Jan 2025 | AU$77.4b | AU$18.7b | AU$1.8b | 20.8x | 42.3x | 4.1x |
| Mon, 16 Dec 2024 | AU$74.7b | AU$18.6b | AU$1.8b | 22.1x | 41.2x | 4x |
| Wed, 13 Nov 2024 | AU$69.7b | AU$18.5b | AU$1.8b | 18.6x | 38.6x | 3.8x |
| Fri, 11 Oct 2024 | AU$67.9b | AU$18.4b | AU$1.8b | 21.1x | 37.9x | 3.7x |
| Sun, 08 Sep 2024 | AU$62.7b | AU$18.2b | AU$1.7b | 20.8x | 37.8x | 3.4x |
| Tue, 06 Aug 2024 | AU$60.2b | AU$16.1b | AU$1.1b | 22.7x | 54.1x | 3.7x |
| Thu, 04 Jul 2024 | AU$55.7b | AU$16.0b | AU$1.1b | 20.4x | 51.6x | 3.5x |
| Sat, 01 Jun 2024 | AU$59.8b | AU$17.1b | AU$1.2b | 21.1x | 50.5x | 3.5x |
| Mon, 29 Apr 2024 | AU$59.0b | AU$17.2b | AU$1.2b | 22.1x | 49.4x | 3.4x |
| Wed, 27 Mar 2024 | AU$53.5b | AU$16.9b | AU$1.2b | 17.8x | 43.6x | 3.2x |
| Fri, 23 Feb 2024 | AU$48.3b | AU$16.1b | AU$854.5m | 20.4x | 56.5x | 3x |
| Sun, 21 Jan 2024 | AU$71.2b | AU$22.9b | AU$1.3b | 22.6x | 52.9x | 3.1x |
| Tue, 19 Dec 2023 | AU$75.2b | AU$22.9b | AU$1.3b | 24.8x | 55.9x | 3.3x |
| Thu, 16 Nov 2023 | AU$71.1b | AU$22.9b | AU$1.4b | 21.7x | 52.6x | 3.1x |
| Sat, 14 Oct 2023 | AU$69.3b | AU$23.1b | AU$1.4b | 21.7x | 50.4x | 3x |
| Mon, 11 Sep 2023 | AU$68.5b | AU$22.9b | AU$1.4b | 18.8x | 48.6x | 3x |
| Wed, 09 Aug 2023 | AU$68.0b | AU$22.5b | AU$579.7m | 17.4x | 117.4x | 3x |
| Fri, 07 Jul 2023 | AU$70.8b | AU$22.4b | AU$566.6m | 16.5x | 124.9x | 3.2x |
| Sun, 04 Jun 2023 | AU$73.2b | AU$22.4b | AU$589.6m | 18x | 124.1x | 3.3x |
| Tue, 02 May 2023 | AU$74.7b | AU$22.4b | AU$581.8m | 18.8x | 128.4x | 3.3x |
| Thu, 30 Mar 2023 | AU$68.7b | AU$22.3b | AU$575.9m | 15.4x | 119.3x | 3.1x |
Price to Earnings Ratio
119.3x
Current Industry PE
- Investors are pessimistic on the Australian Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 21.3x which is lower than its 3-year average PE of 59.7x.
- The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 125% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Gold compare with similar industries?
| AU Market | -2.36% | |
| Materials | -7.36% | |
| Metals and Mining | -7.66% | |
| Gold | -11.54% | |
| Steel | -5.12% | |
| Diversified Metals and Mining | -6.64% | |
| Copper | -7.42% | |
| Aluminum | -9.19% | |
| Precious Metals and Minerals | -11.44% | |
| Silver | -19.62% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DTR Dateline Resources | AU$0.49 | 8.8% +AU$145.7m | 9,800.0% | PS1412.6x | |
| TOK Tolu Minerals | AU$1.41 | 4.1% +AU$14.3m | 77.8% | PB5.7x | |
| CTO Citigold | AU$0.017 | 13.3% +AU$6.0m | 325.0% | PS1700x | |
| SMI Santana Minerals | AU$0.79 | 0% AU$3.6m | 41.4% | PB4.8x | |
| HMG Hamelin Gold | AU$0.13 | 8.7% +AU$2.0m | 60.3% | PS8434.1x |
